Heads Up
Hospitals will lose billions today. Why isn't anyone talking about it?
It isn't an April Fool's joke, although hospitals may wish it were: Under the sequester, Medicare cuts totaling about $10 billion finally kick in today.
For months, providers had waged a lobbying battle trying to prevent this outcome. As part of that campaign, state and national associations released a flurry of dire reports, showing that facilities would see real pain from sequestration.
Wisconsin's hospitals will collectively lose $2 million per week.
In Florida, the average hospital will lose $8 million across the next decade.
And per the American Hospital Association, the sequester could even cost more than 750,000 health care jobs.
http://www.advisory.com/Daily-Briefing/2013/04/01/Sequester-cuts-kick-inHope none of us "oldsters" or those on disability need medical care soon!
If I put this in the wrong place, feel free to move it.